The XLYD ETF is an exchange-traded fund that focuses on high-dividend-paying stocks within the consumer discretionary sector. It aims to provide investors with exposure to companies that are expected to deliver strong returns through dividends, while also benefiting from the growth potential of consumer spending. This ETF typically includes well-known companies involved in retail, entertainment, and other consumer services. By investing in the XLYD ETF, investors can gain diversified access to a range of consumer-focused businesses, making it a potential option for those seeking income and growth in their investment portfolios.